TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) (“TerrAscend”) is pleased to announce that its majority owned subsidiary, NETA NJ, LLC (the “Applicant”) was awarded a permit to apply for a vertically integrated license in Phillipsburg, NJ. TerrAscend’s minority partners in the Applicant are BWH NJ, LLC and Blue Marble Ventures, LLC and its operations will include cultivation, processing and retail.
“We look forward to becoming an integral part of the community and serving the people of Phillipsburg. We are dedicated to improving patient access to quality medicine and are grateful that the New Jersey Department of Health recognized our patient-centric approach,” said Patrizia Zita, Principal of Blue Marble Ventures, LLC.